Vermilion Energy (TSE:VET) Downgraded to "Hold" Rating by Desjardins

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET was downgraded by equities research analysts at Desjardins from a "buy" rating to a "hold" rating in a report issued on Wednesday, MarketBeat.com reports. They presently have a C$14.00 price target on the stock, down from their previous price target of C$19.00. Desjardins' target price indicates a potential upside of 18.44% from the stock's previous close.

Other equities analysts have also issued research reports about the company. National Bankshares raised their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the company an "outperform" rating in a research report on Thursday, January 30th. BMO Capital Markets lowered their price target on shares of Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th. ATB Capital cut their price objective on shares of Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating on the stock in a report on Monday, December 30th. TD Securities lowered their target price on shares of Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating for the company in a report on Friday, December 20th. Finally, Royal Bank of Canada dropped their price target on Vermilion Energy from C$17.00 to C$16.00 and set a "sector perform" rating on the stock in a research report on Monday, December 30th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$17.06.

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Vermilion Energy Stock Up 0.1 %

Shares of TSE:VET traded up C$0.01 during trading on Wednesday, hitting C$11.82. The stock had a trading volume of 1,160,283 shares, compared to its average volume of 711,586. The company has a market capitalization of C$1.83 billion, a PE ratio of -2.22, a PEG ratio of -0.02 and a beta of 2.60. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. The firm's fifty day moving average is C$12.79 and its 200 day moving average is C$13.28. Vermilion Energy has a 12 month low of C$10.18 and a 12 month high of C$17.56.

Insider Activity at Vermilion Energy

In related news, Director Myron Maurice Stadnyk bought 5,000 shares of the stock in a transaction on Friday, December 27th. The shares were acquired at an average price of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is currently owned by insiders.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas.